America is becoming the world’s largest tax haven

japantimes.co.jpPublished: 5/7/2025

Summary

Donald Trump's administration is accelerating the U.S. into becoming one of history's top tax havens by withdrawing from international tax transparency and cooperation frameworks, refusing to enforce key anti-corruption laws like the Foreign Corrupt Practices Act, and relaxing crypto regulations. This strategy aims to undermine decades of institutional safeguards, violate international treaties, ignore conflicts of interest, dismantle checks and balances, impound congressionally allocated funds, and trample the rule of law without engaging in meaningful policy debate.